The most important thing to remember before trading or doing anything else, is setting your active contest to the right one. The initial default contest is your practice portfolio, however the system will save whatever contest you last set to active and make it your default the next time you log in. Trading is the heart and soul of HTMW and it’s probably why you came here in the first place. Unlike stocks, you cannot short mutual funds, so the only available actions are buying and selling. Since the price of mutual funds is only settled at the end of the trading day, mutual fund orders only fill after the markets close. Now that you have bought a few stocks and mutual funds, its always a good idea to keep track of what you have!
This is where you can see all your orders that have executed, plus all the dividends that have been paid to your stocks.
As long as you keep accessing the site from the same device you won’t have to worry about changing it more than once if you only have 1 contest. If you’re not using a market order, this is where you enter what you want your limit or stop order price to be.


As you move the slider the system will calculate the total cost which allows you to quickly see how much you’d be spending for ¬†different quantities, instead of having to manually enter a new number for every estimate.
So don’t worry if your ordering is sitting open all day long, they will usually fill sometimes after 6pm Est. We pay out dividends on the ex-dividend date, and the whole process is automatic, so you never need to worry about missing one. The default is always buy, so if you want to get rid of one of your stocks, don’t forget to change the order type of you’ll end up with even more of it! As you can see, once you enter the stock symbol, a quote appears telling you all the important information about the stock as well as a chart that show the stock’s movement during the current trading day. If you place an order while the markets are closed then your order will be come active at the start of the next trading day.
A broker can be on the trading floor or can make trades by phone or electronically.An exchange is like a warehouse in which people buy and sell stocks.
Limit and Stop orders allow you to set a specific price that will determine when your order fills. Make sure you know what it’s set to as this will completely change how much you end up buying or selling.


Some exchanges work like auctions on an actual trading floor, and others match buyers to sellers electronically. Online trading has given anyone who has a computer, enough money to open an account and a reasonably good financial history the ability to invest in the market. Over-the-counter (OTC) stocks are not listed on a major exchange, and you can look up information on them at the OTC Bulletin Board or PinkSheets.When you buy and sell stocks online, you're using an online broker that largely takes the place of a human broker. You still use real money, but instead of talking to someone about investments, you decide which stocks to buy and sell, and you request your trades yourself. If you've already read How Stocks and the Stock Market Work, you can go on to the next section.A share of stock is basically a tiny piece of a corporation.
Shareholders -- people who buy stock -- are investing in the future of a company for as long as they own their shares.



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